Financial Gravity Companies, Inc. Income Statement
FGCO|8 years of annual SEC 10-K data (FY2011-FY2021)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$7M
FY2021
Gross Profit
$0
0.0% gross margin
Operating Income
-$701,910
FY2021
Net Income
-$7M
FY2021
Financial Gravity Companies, Inc. reported $7M in revenue and $7M in net loss for FY2021. Revenue has grown at a 31.2% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -1.49 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Negative return on equity: -345.0% ROE
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.7M | $3.7M | $4.1M | $3.5M | $2.8M | $1.3M | $0 | $0 |
| Cost of Revenue | $106.6K | $73.1K | $54.9K | $73.0K | - | - | $0 | $0 |
| Gross Profit | $0 | $3.7M | $4.1M | - | - | - | $0 | $0 |
| SG&A Expense | $1.1M | $672.8K | $533.8K | $748.5K | $408.5K | $411.2K | $226.5K | $45.6K |
| Operating Income | -$701.9K | -$911.8K | -$477.9K | -$924.5K | -$2.1M | -$966.4K | - | - |
| Interest Expense | $9.3K | $9.7K | $145.6K | $51.5K | $8.5K | $4.9K | $16.6K | $4.7K |
| Income Tax | -$7.7K | $0 | - | - | - | - | $0 | $0 |
| Net Income | -$7.4M | -$791.7K | -$623.5K | -$976.0K | -$2.1M | -$943.9K | -$34.5K | -$33.8K |
| EPS (Basic) | -$0.01 | - | - | - | - | - | - | - |
| EPS (Diluted) | - | -$0.02 | -$0.04 | -$0.07 | -$0.04 | -$1.18 | -$0.01 | $0.00 |
| Shares Outstanding | 83.6M | 41.4M | 35.8M | 34.9M | 24.8M | 300.4K | - | - |
| Gross Margin | 0.0% | 100.0% | 100.0% | - | - | - | - | - |
| Operating Margin | -10.5% | -24.7% | -11.7% | -26.2% | -77.1% | -73.8% | - | - |
| Profit Margin | -111.2% | -21.5% | -15.3% | -27.6% | -77.4% | -72.1% | - | - |